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The effects of EU eastern enlargement on direct investments and their subsequent effects

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  • Peter Nunnenkamp

Abstract

The dismantling of market barriers - and EU eastern enlargement - will bring about a restructuring of production and employment in the affected countries. This structural change will induce adjustment costs that will accrue above all in production sectors and in groups of workers that lose their international competitiveness in integrated markets. Nevertheless, the wide-spread fears of the EU eastern enlargement are exaggerated. Dr. Peter Nunnenkamp, Institute for World Economy at Kiel University, shows in this article that the effects on direct investments of the present EU countries in the accession countries might be weaker than many expect. On the one hand, the highest level of direct investments has been reached, on the other hand, it is often a question of additional investments that are not at the expense of domestic exports and jobs

Suggested Citation

  • Peter Nunnenkamp, 2002. "The effects of EU eastern enlargement on direct investments and their subsequent effects," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(11), pages 13-19, June.
    • Handle: RePEc:ces:ifosdt:v:55:y:2002:i:11:p:13-19
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    References listed on IDEAS

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    2. Diehl, Markus, 2001. "International Trade in Intermediate Inputs: The Case of the Automobile Industry," Kiel Working Papers 1027, Kiel Institute for the World Economy (IfW Kiel).
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    Cited by:

    1. Grömling, Michael & Römer, Christof, 2004. "Die Wirtschaftsbeziehungen Deutschlands mit Mittel- und Osteuropa," IW-Trends – Vierteljahresschrift zur empirischen Wirtschaftsforschung, Institut der deutschen Wirtschaft (IW) / German Economic Institute, vol. 31(1), pages 9-14.
    2. Nadja Walch & Julia Wörz, 2012. "The Impact of Country Risk Ratings and of the Status of EU Integration on FDI Inflows in CESEE Countries," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 8-26.
    3. Christian Bellak, 2004. "The Impact of Enlargement on the Race for FDI," Department of Economics Working Papers wuwp086, Vienna University of Economics and Business, Department of Economics.
    4. Jost, Thomas & Nunnenkamp, Peter, 2002. "Bestimmungsgründe deutscher Direktinvestitionen in Entwicklungs- und Reformländern: hat sich wirklich etwas verändert?," Kiel Working Papers 1124, Kiel Institute for the World Economy (IfW Kiel).
    5. Wolfgang Gerstenberger & Klaus-Heiner Röhl & Heinz Schmalholz & Andrea Szalavetz & Michaela Fuchs, 2003. "Analyse der außenwirtschaftlichen Beziehungen zwischen Ungarn und Sachsen/Ostdeutschland : Kooperationspotenziale im Bereich der Informations- und Kommunikationswirtschaft ; Gutachten im Auftrag des S," ifo Dresden Studien, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 34.

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    More about this item

    JEL classification:

    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements

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